ZM Soars on A.I. & Guidance Strength, INTU Slides, ROST to Up Prices
Schwab Network · Schwab Network
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Show Notes
Mailchimp proved to be a drag on Intuit's (INTU) earnings, with guidance also coming in under Wall Street's estimates. Diane King Hall notes that it's still an improvement from last year when the company showed negative EPS. Zoom Communications (ZM) muscled a strong rally after showing dedication to A.I. growth and impressive guidance. In retail, Ross Stores (ROST) gained after beating earnings and bolstering strong guidance. Diane also notes that the CEO told investors to expect price increases.
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